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Employee Ownership Update for June 21, 2001
National Center for Employee Ownership [NCEO]
June 20, 2001
NCEO executive director Corey Rosen reports that the International Accounting Standards Board favors a standard requiring companies to show the cost of options as a charge against current income; an unpublished PLR allows a transitory distribution to an IRA in an S corporation ESOP; a new Irish law provides incentives for broad-based stock options; and stock options qualified under requirements of French law are now eligible for improved tax treatment.
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